Shareholders' Equity (Tables)

6 Months Ended

Jun. 30, 2014

Shareholders' Equity

Schedule of components of total comprehensive income (loss)

	For the three months ended June 30, 2014									For the three months ended June 30, 2013
(in thousands)	Pre-tax			Tax expense (benefit)			Net-of-tax			Pre-tax			Tax expense (benefit)			Net-of-tax
Securities available-for-sale:
Net unrealized gains (losses) arising during the period	$	16,820		$	7,056		$	9,764		$	(111,213	)	$	(46,520	)	$	(64,693	)
Reclassification adjustment for net gains included in net income (1)	(5,359		)	(2,242		)	(3,117		)	(4,785		)	(2,002		)	(2,783		)
Non-credit related impairment loss	(317		)	(133		)	(184		)	(240		)	(100		)	(140		)
Total securities available-for-sale	11,144			4,681			6,463			(116,238		)	(48,622		)	(67,616		)
Net change on cash flow hedges	—			—			—			(21		)	—			(21		)
Total other comprehensive income (loss)	$	11,144		$	4,681		$	6,463		$	(116,259	)	$	(48,622	)	$	(67,637	)

	For the six months ended June 30, 2014									For the six months ended June 30, 2013
(in thousands)	Pre-tax			Tax expense (benefit)			Net-of-tax			Pre-tax			Tax expense (benefit)			Net-of-tax
Securities available-for-sale:
Net unrealized gains (losses) arising during the period	$	38,348		$	16,031		$	22,317		$	(131,515	)	$	(55,013	)	$	(76,502	)
Reclassification adjustment for net gains included in net income (1)	(7,551		)	(3,159		)	(4,392		)	(5,672		)	(2,373		)	(3,299		)
Non-credit related impairment loss	(317		)	(133		)	(184		)	(240		)	(100		)	(140		)
Total securities available-for-sale	30,480			12,739			17,741			(137,427		)	(57,486		)	(79,941		)
Net change on cash flow hedges	—			—			—			(56		)	—			(56		)
Total other comprehensive income (loss)	$	30,480		$	12,739		$	17,741		$	(137,483	)	$	(57,486	)	$	(79,997	)

(1) Recognized in Gain on sale of securities in the consolidated statements of income.

Summary of entity's share repurchases activity

Period	Total Number of Shares (or Units) Purchased	Average Price Paid per Share (or Unit)
April 1, 2014 to April 30, 2014	127	$	75.45
May 1, 2014 to May 31, 2014	—	—
June 1, 2014 to June 30, 2014	970	76.33
Total share repurchases	1,097	76.23